Pets Killed for Insurance Money

Posted on November 16, 2011

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Insurance fraud has reached a new low in the U.K., where authorities have discovered a rise in claims on pet insurance policies, reports TIME.

According to the Association of British Insurers, last year £1,929,900 ($3 million) was collected in pet insurance compared to £420,000 ($667, 842) in 2009, the Telegraph reports. In 2010, 2.3 million cats and dogs were insured, and since almost any type of animal can be insured, experts are bracing for an even bigger influx in dishonest claims.

The new scheme includes pet owners selling or killing their own pets to claim insurance money, as well as staging “fake accidents” to conceal previous injuries or conditions not covered by the policy. Some insurers believe people go as far as to deliberately lose animals or make up their existence.

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